At a Glance
- Tasks: Model funding costs, design incentive structures, and support credit risk capital models.
- Company: Join a leading bank focused on innovation and employee wellbeing.
- Benefits: Enjoy competitive salary, 30 days holiday, private healthcare, and flexible working.
- Other info: Diverse and inclusive workplace with excellent career development opportunities.
- Why this job: Make an impact in finance with cutting-edge analytics and a supportive culture.
- Qualifications: Strong quantitative skills, programming experience in C++ and Python, and banking knowledge.
The predicted salary is between 70000 - 90000 £ per year.
Group Strategic Analytics is part of Group Chief Operation Office (COO) which acts as the bridge between the Bank’s businesses and infrastructure functions to help deliver the efficiency, control, and transformation goals of the Bank. Strats combine expertise in quantitative analytics, modelling, pricing and risk management with deep understanding of system architecture and programming. Their primary output is a scalable and flexible Front Office pricing and risk management system. The technology platform underlies the trading functions of the Bank as well as management processes around the rational allocation of constrained resources, management of funding costs and capital efficiency programs. You will join the team with the responsibility of Corporate and Private Bank Strat.
What we’ll offer you
- A healthy, engaged and well‑supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace.
- Hybrid Working – we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them.
- Competitive salary and non‑contributory pension.
- 30 days’ holiday plus bank holidays, with the option to purchase additional days.
- Life Assurance and Private Healthcare for you and your family.
- A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits.
- The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year.
Your key responsibilities
- Modelling and managing funding costs and funds transfer pricing, moving to a portfolio funding model.
- Pricing deposits and loans based on funding costs and capital hurdles.
- Design incentive structures for businesses around financial resource consumption, allocation, and capital optimisation.
- Drive alignment across Front Office, Credit Risk Management, and Finance for financial resource calculations.
- Assist and support in building and calibrating credit risk capital models using historical default and recovery data.
- Provide trading desks expertise in quantitative analytics, modelling, pricing, and management of loan and mortgage portfolios.
Your skills and experience
- Strong quantitative and analytical skills.
- Strong computing and programming skills, including C++ and Python experience.
- Understanding of funding or banking businesses and markets.
- Experience with interest rate risk or credit risk modelling.
- Experience with managing capital efficiency.
How we’ll support you
- Training and development to help you excel in your career.
- Flexible working to assist you balance your personal priorities.
- A culture of continuous learning to aid progression.
- We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (screen readers, assistive hearing devices, adapted keyboards).
Communication support: If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on adjustmentsconcierge@db.com or share your phone number and a member of the team will be happy to call you to discuss your specific requirements.
EEO Statement
We welcome applications from all people and promote a positive, fair and inclusive work environment.
Corporate and Private Bank Quantitative Strategist employer: Deutsche Bank
As a leading employer in the financial sector, we prioritise the development and wellbeing of our employees, offering a hybrid working model that promotes work-life balance. Our commitment to continuous learning, competitive benefits including a non-contributory pension and private healthcare, and a culture that values diversity make us an exceptional place to grow your career as a Corporate and Private Bank Quantitative Strategist in London.
